{"id":8333,"date":"2020-07-22T15:06:02","date_gmt":"2020-07-22T15:06:02","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=8333"},"modified":"2020-07-22T15:06:02","modified_gmt":"2020-07-22T15:06:02","slug":"larsen-consolidated-profit-drops-by-68-yoy","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=8333","title":{"rendered":"Larsen & Toubro Q1FY21; consolidated profit drops by ~68% yoy"},"content":{"rendered":"

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\n\t\"Quarterly<\/div>\n


\nLarsen & Toubro Limited announced its quarterly results on July 22, 2020. Consolidated net revenue in Q1FY21 stood at Rs21,259.97cr, which declined by 28.26% yoy from Rs29,635.95cr in Q1FY20.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

EBITDA stood at Rs1,620.47cr in Q1FY21 that decreased by 47.19% yoy. For Q1FY20, it had posted EBITDA of Rs3,068.35cr. EBITDA margin as of Q1FY21 was at 7.62% that declined by 2.73%\u00a0 yoy against the same quarter, previous year.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

The consolidated net profit in Q1FY21 came in at Rs536.88cr that declined by 68.37% yoy, as compared to Q1FY20, when it had reported Rs1,697.62cr. The net profit margin in Q1FY21 came in at 2.53% that declined by 3.20% yoy. The net profit margin for Q1FY20 was at 5.73%. The profit attributable to equity shareholders in Q1FY21 is Rs303.14cr, as against Rs1,472.58cr in previous year for the same quarter.\u00a0<\/p>\n

The shares closed at Rs920.95 with a decline of 1.8% on BSE.\u00a0<\/p>\n\n\n\n\n\n\n\n\n

\n\t\t\t\tParticulars<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\tQ1FY21 <\/strong>
\u00a0(Rs in cr)<\/strong><\/td>\n

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\n\t\t\t\tQ1FY20 <\/strong>
(Rs in cr)<\/strong><\/td>\n

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\n\t\t\t\t% VAR<\/strong><\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tNet Revenue <\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t21,259.97<\/td>\n

<\/p>\n
\n\t\t\t\t29,635.95<\/td>\n

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\n\t\t\t\t-28.26<\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tOperating Profit<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t1,620.47<\/td>\n

<\/p>\n
\n\t\t\t\t3,068.35<\/td>\n

<\/p>\n
\n\t\t\t\t-47.19<\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tNet Profit<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t536.88<\/td>\n

<\/p>\n
\n\t\t\t\t1,697.62<\/td>\n

<\/p>\n
\n\t\t\t\t-68.37<\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tEBITDAM%<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t7.62<\/td>\n

<\/p>\n
\n\t\t\t\t10.35<\/td>\n

<\/p>\n
\n\t\t\t\t-2.73<\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tPATM%<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t2.53<\/td>\n

<\/p>\n
\n\t\t\t\t5.73<\/td>\n

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\n\t\t\t\t-3.20<\/td>\n


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